Overview
Work with a privately owned real estate company specializing in multifamily, senior housing, affordable, and mixed-use development and construction. They are looking for a Development Associate to support projects through all stages of the development process, from site acquisition to close-out. This role involves financial modeling, budgeting, due diligence, consultant coordination, and investor communications. If you have a few years of related experience, and are looking for an opportunity to work with a dynamic team, then this could be the role for you!
Development Associate Responsibilities:
- Gather and analyze demographic, economic, and competitive data to evaluate acquisition opportunities and project feasibility.
- Assist with project budgets, financial models, cost reviews, and reporting, including cash flow and budget-to-actual tracking.
- Schedule and document development and OAC meetings, manage project files, and ensure consultants stay aligned with scope, schedule, and budget.
- Collect and organize zoning, environmental, and title documents to support acquisitions and compliance.
- Help prepare investor communications, equity documents, and contracts; assist with public and private funding applications for affordable housing projects.
- Support construction loan closings, assemble close-out documentation, and ensure a smooth handoff to asset/property management.
- Prepare reports, presentations, and project updates for internal teams and external stakeholders.
- Work with cross-functional teams (Acquisitions, Finance, Construction, Asset Management) and contribute to process improvements.
Development Associate Qualifications:
- Bachelor’s degree in Real Estate, Finance, Business, Urban Planning, or related field.
- At least 1 year experience in real estate development, project management, or real estate consulting.
- Strong financial modeling and Excel proficiency, with solid budgeting and reporting skills.
- Excellent organizational, project coordination, and problem-solving abilities.
- Clear, professional communication skills (verbal and written).
- Proficiency with Microsoft Office and project management tools.
- Experience with multifamily, mixed-use, commercial, or affordable housing projects preferred.
- Familiarity with investor relations or funding applications a plus.
Company Benefits:
- Medical, Dental, and Vision Insurance
- Paid time-off and holidays